Staying optimistic and hopeful while the world's population dwindle due to coronavirus presents quite a challenge for many business owners. They are worried about the future of their company and whether they would be able to bounce back. These fears are well-founded given the gravity of this situation. However, studies show that choosing positivity has more benefits than giving in to negative thoughts. Below we list down the ways a positive mindset can uplift businesses even in the face of adversity:
Develops Your Problem-Solving Skills
Research by a psychology professor and positivity advocate found that positive thinkers have a bigger capacity to consume, digest and innovate on new information. Consequently, this improves their perspective and ability to "connect the dots." Business owners with heightened perceptions are better able to handle problems and setbacks that come their way.
Harnesses More Energy
If you have heard of "dispositional affect," it pertains to one's ability to think positively or negatively. According to scientists, individuals with positive affectivity have more energy and enthusiasm than those who are prone to negativity.
In this regard, low levels of negative affectivity is not necessarily a cause for alarm. Entrepreneurs who belong to this category tend to be more calm and level-headed.
Not many entrepreneurs succeed immediately with their first business venture. Successful businesses are a product of several trials, errors and improvements. On the bright side, being positive, according to studies, is one of the best ways to boost resilience. Experts believe that "positive emotions help speed recovery from negative emotions," even if self-initiated.
Makes You a Better Decision-Maker
It stands to reason that if your mental state is negative, your decisions are less likely to have a positive impact. The book Understanding the Entrepreneurial Mind affirms how "negative thinking from entrepreneurs" could lead to poor decision-making in their chosen undertaking.
Positive Thoughts and Actions Must Align
Much of the list above may sound familiar, but more recent studies showed that mulling over positive outcomes can be energy-consuming. Moreover, people who over-indulge in positive thinking have the tendency not to achieve their goals. In other words, positive thinking (or daydreaming) on its own is going to be ineffective, so it's time to start acting positively as well as thinking positive thoughts.
How to Stay Positive
Positivity is indeed possible if you focus on what is good, feasible and within your reach. Saying a positive affirmation or reflect on the things, experiences or individuals you look forward to. Preventing yourself from engaging in negative self-talk is another strategy worth considering. As a business owner, being your own worst critic is self-sabotaging. Convert mistakes or bad experiences into life lessons that you could use later on. Focus on those that are within your immediate control and keep moving forward.
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